A quick morning roundup of the tax and GST stories making news in India — tribunal rulings, department updates, due dates and compliance changes. Headlines are curated automatically from public sources; every item links to the original story.
The day's stories
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Income Tax | Section 14A Addition Unsustainable When Own Funds Exceed Investments: Madras HC
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Threshold Notifications Issued by MoF Applicable Only to Specified Financial Institutions For Recovery of Secured Debts: Calcutta HC [Read Order]
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Custom Duty | No Interest on MOOWR Capital Goods Intended for Warehouse Use: Rajasthan HC
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TDS on Cash Withdrawals u/s 194NF Cannot Be Treated as Interest Income: ITAT [Read Order]
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Custom Duty | CAAR Delhi Rejects Roasted Areca Nut Classification Applications Citing Prior HC Decision
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Goods and Services Tax | GST TCS for E-Commerce Operators: Section 52, GSTR-8 and 0.5% Rate
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Corporate Law | Supreme Court Upholds Service Tax Exemption for IIT Patna and NIT Rourkela
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Income Tax | BVGF Seeks Tax Audit Due Date Extension to 31 October 2026
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Goods and Services Tax | GST Composition Levy: Eligibility, Rates, ITC Limits and Trade-Offs
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Corporate Law | Labour Codes for Banks: RBI Compliance, Governance and Audit Implications
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Income Tax | GST on Online Gaming: 40% Rate, Gameskraft Ruling and Prohibition
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Income Tax | Income Tax Reassessment Must Be Independent of GST Adjudication: Madras HC
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How this digest works: stories are selected automatically from public RSS feeds (Taxscan, Economic Times, Moneycontrol) and published with links to the original source. The digest is a news roundup, not professional advice — always check the linked source for details, and ask us if a change affects your business.
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